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Company Updates

CNH Industrial seeks to utilize India’s tech expertise and cost benefits for global needs

In Short:CNH Industrial, a global agricultural and construction solutions company, plans to utilize Indian talent and cost advantages to develop future technologies and products...

UltraTech buys Maharashtra asset of India Cements for ₹315 crore

In Short:UltraTech Cement, part of Aditya Birla Group, is acquiring a grinding unit in Maharashtra from India Cements for ₹315 crore. This will expand...

Zomato faces tax notice, owes ₹11.82 crore

In Short:Zomato, an online food delivery platform, has been ordered to pay ₹11.82 crore for GST on export services provided to its subsidiaries outside...

Tesla recalling 4,000 Cybertrucks due to sticky accelerator pedal

In Short:Tesla is recalling almost 4,000 of its 2024 Cybertrucks due to a problem with the accelerator pedal. The pedal can get stuck, causing...

KaleidEO finishes aerial tests on optical and multi-spectral EO payload

In Short:Bengaluru start-up KaleidEO Space Systems has completed aerial testing of its earth observation payload. The payload can capture images with high resolution and...

Ecozen secures $30M in funding through debt and equity

In Short:Ecozen, a company that creates climate-smart technology solutions, has received $30 million in funding from a mix of debt and equity sources. The...

ReNew partners with JERA to assess green ammonia project in India

In Short:ReNew Energy Global (ReNew) has signed an agreement with JERA, Japan's largest power generation company, to develop a green ammonia production project in...

Tata Considering TN Plant for Jaguar Land Rover Electric Vehicles Imports

In Short:Tata Motors plans to import Jaguar Land Rover electric cars to India under a new policy that reduces import taxes for companies setting...

Good Glamm Group revamps structure ahead of IPO

In Short:The Good Glamm Group has revamped its organizational structure to become more agile ahead of its upcoming IPO in 2025. The company aims...

Google reduces workforce in cost-cutting move, shifts roles overseas

In Short:Google, owned by Alphabet, is laying off some employees to cut costs. The number of workers impacted is not specified, but they can...

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